CO₂ capture capacity by DAC of planned projects worldwide from 2020 to 2030
These projections rely on ClimeFi's methodology, chains, while biochar remains constrained from suppliers in their marketplace, anticipated by feedstock availability. DAC is also projected to grow significantly by 2027-2028, driven by new deployments and continued advances in technology. about policy support, technological advances and funding mechanisms. Achieving these projections challenges, although BECCS is projected to ramp credibility and market acceptance. BECCS is up faster. ClimeFi's projections align with broader expected to surpass biochar by 2028, reflecting industry expectations, including those from the IEA, which anticipate a gradual scale-up of its increasing scalability, particularly as new projects come online. BECCS benefits from policy incentives concept stage, DAC deployment would reach almost 65 milion tonnes of CO2 per year by 2030. However, to get on track with the goal of NZE by 2050, DAC deployment will need to reach 80 milion tonnes of CO2 per year by 2030. Description: As of 2024, BECCS projects around the world captured about 2 million tonnes of CO2 per year. If projects at concept stage and in early well short of the 190 milion tonnes of CO2 each year required by 2030 if the goal of NZE by 2050 is to be achieved.